Procedures for Issuance of Letters of Credit. The Borrower may from time to time request that any Issuing Lender issue a Letter of Credit by delivering to such Issuing Lender at its applicable office (with a copy to the Administrative Agent at the Administrative Agent’s Office) an appropriately completed Letter of Credit Application therefor and such other certificates, documents and other papers and information as such Issuing Lender or the Administrative Agent may reasonably request. Upon receipt of any Letter of Credit Application and such other certificates, documents and other papers and information as such Issuing Lender or the Administrative Agent may reasonably request, the applicable Issuing Lender shall process such Letter of Credit Application in accordance with its customary procedures and shall, subject to this Section 2.03 and Section 4.02, promptly issue the Letter of Credit requested thereby (but in no event shall such Issuing Lender be required to issue any Letter of Credit earlier than three (3) Business Days after its receipt of the Letter of Credit Application therefor and such other certificates, documents and other papers and information as such Issuing Lender or the Administrative Agent may reasonably request) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed by such Issuing Lender and the Borrower. The applicable Issuing Lender shall promptly furnish to the Borrower and the Administrative Agent a copy of such Letter of Credit, and the Administrative Agent shall promptly notify each Lender of the issuance and, upon request by any Lender, furnish to such Lender a copy of such Letter of Credit and the amount of such Lender’s participation therein.
Procedures for Issuance of Letters of Credit. The Borrower may from time to time request that Chase issue a Letter of Credit by delivering to Chase at its address for notices specified herein an application therefor in such form as may from time to time be approved by Chase acting reasonably, completed to the satisfaction of Chase, and such other certificates, documents and other papers and information as Chase may reasonably request. Upon receipt of any application, Chase will process such application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit in such customized form as may reasonably be requested by the Borrower (but in no event shall Chase issue any Letter of Credit later than five Banking Days after receipt of the application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed by Chase and the Borrower. Chase shall furnish a copy of such Letter of Credit to the Borrower promptly following the issuance thereof.
Procedures for Issuance of Letters of Credit. The BORROWER may from time to time request that the ADMINISTRATIVE AGENT issue a LETTER OF CREDIT by delivering to the ADMINISTRATIVE AGENT a completed letter of credit application in the standard form then being used by the ADMINISTRATIVE AGENT. To the extent that any provisions of the ADMINISTRATIVE AGENT’S standard form letter of credit application conflict with the provisions of this AGREEMENT, the provisions of this AGREEMENT shall control. Upon receipt of the BORROWER’S application, the ADMINISTRATIVE AGENT shall process such application and issue the LETTER OF CREDIT requested thereby provided, however, that the ADMINISTRATIVE AGENT shall not be required to issue any LETTER OF CREDIT earlier than three (3) BUSINESS DAYS after the receipt by the ADMINISTRATIVE AGENT of the application and of all certificates, documents, and other papers and information required by the ADMINISTRATIVE AGENT which relates thereto. The ADMINISTRATIVE AGENT shall promptly furnish a copy of each LETTER OF CREDIT to the BORROWER and to each of the LENDERS.
Procedures for Issuance of Letters of Credit. Micro Warehouse may from time to time request that the Issuing Lender issue a Letter of Credit by delivering to the Issuing Lender at its address for notices specified herein an application therefor in such form as may from time to time be approved by the Issuing Lender acting reasonably, completed to the reasonable satisfaction of the Issuing Lender, and such other certificates, documents and other papers and information as the Issuing Lender may reasonably request. Upon receipt of any application, the Issuing Lender will process such application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit in such customized form as may reasonably be requested by Micro Warehouse (but in no event shall the Issuing Lender issue any Letter of Credit later than five Banking Days after receipt of the application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed by the Issuing Lender and Micro Warehouse. the Issuing Lender shall furnish a copy of such Letter of Credit to Micro Warehouse promptly following the issuance thereof.
Procedures for Issuance of Letters of Credit. JLM Marketing may from time to time request that the Bank issue a Letter of Credit by delivering to the Bank at its address for notices specified herein an application therefor in such form as may from time to time be approved by the Bank acting reasonably, completed to the satisfaction of the Bank, and such other certificates, documents and other papers and information as the Bank may reasonably request. Upon receipt of any application, the Bank will process such application and the certificates, documents and other papers and information delivered to it in connection therewith in accordance with its customary procedures and shall promptly issue the Letter of Credit in such customized form as may reasonably be requested by JLM Marketing (but in no event shall the Bank issue any Letter of Credit later than five Banking Days after receipt of the application therefor and all such other certificates, documents and other papers and information relating thereto) by issuing the original of such Letter of Credit to the beneficiary thereof or as otherwise may be agreed by the Bank and JLM Marketing. The Bank shall furnish a coy xx such Letter of Credit to JLM Marketing promptly following the issuance thereof.
Procedures for Issuance of Letters of Credit. (a) The Borrowers shall give the Agent oral or written notice at least two (2) Business Days prior to the date on which the Borrower desires the Agent to issue a Letter of Credit. Any oral notice shall be confirmed in writing by the Borrowers within three (3) Business Days after the issuance of the requested Letter of Credit. Such notice shall be irrevocable and shall be accompanied by a duly executed Letter of Credit Agreement specifying: (a) the name and address of the intended beneficiary of the Letter of Credit, (b) the requested original face amount of the Letter of Credit, (c) whether the Letter of Credit is to be revocable or irrevocable, (d) the Business Day on which the Letter of Credit is to be opened and the date on which the Letter of Credit is to expire, (e) the terms of payment of any draft or drafts which may be drawn under the Letter of Credit, (g) any other terms or provisions the Borrowers desire to be contained in the Letter of Credit, and (h) the purpose for which such Letter of Credit is to be issued. Such notice shall also be accompanied by such other information, certificates, confirmations, and other items as the Agent may require to assure that the Letter of Credit is to be issued in accordance with the provisions of this Agreement and a Letter of Credit Agreement. The Borrowers shall attach to such notice the form of the Letter of Credit that the Borrowers request be issued. The Agent and the Lenders agree that if there is any express conflict between the provisions of this Agreement and the provisions of any Letter of Credit Agreement regarding the Agent's duties and obligations, the provisions of this Agreement shall prevail.
Procedures for Issuance of Letters of Credit. The Borrower may from time to time request that the Lender issue a Letter of Credit by delivering to the Lender at its address set forth herein, an application in writing and in form and substance reasonably acceptable to the Lender, and such other certificates, documents and other papers and information relating thereto as the Lender shall request, no later than 12:01 P.M. (Eastern time) on the third Business Day prior to the date of the proposed issuance of the Letter of Credit. Each such application for issuance of Letters of Credit shall be irrevocable and shall specify, without limitation, (1) the stated amount of such Letter of Credit, (2) the date of the issuance of such Letter of Credit, (3) the date on which such Letter of Credit is to expire, (4) the beneficiary of such Letter of Credit, and (5) the documents required to accompany any drafts drawn under such Letter of Credit. At the time such a request is made, the Borrower shall provide the Lender with a copy of the form of such Letter of Credit. Any Letter of Credit issued by the Lender will provide that either sight drafts or time drafts payable up to one hundred twenty (120) days after sight will be honored.
Procedures for Issuance of Letters of Credit. 22 Section 3.04. PARTICIPATING INTERESTS . . . . . . . . . . . . . . . . 23 Section 3.05. PAYMENTS. . . . . . . . . . . . . . . . . . . . . . . . 23 Section 3.06.
Procedures for Issuance of Letters of Credit
